715 South Kihei, #258,Kihei, HI96753

$59,000

1 Full Bath

445 sq ft

Year Built: 1980

Timeshare / Fractional

Listing #376142

Property Description

A rare opportunity to own an AFFORDABLE Maui condo and enjoy up to 10 weeks per year of personal use and/or rental income. This listing is for a 20% ownership of a studio condo with a partial ocean view. The annual operating cost is $2,700 and covers all expenses ($38 per day of use or rental). Enjoy a shared interest in this established, well-managed, long term partnership. This remodeled unit is right across the street from the ocean and a State park with a white sandy beach. The fortunate owner will receive 10 weeks (5 consecutive weeks twice per year) on a rotating schedule (see attached Use Schedule). You can also rent it out for income when you can't occupy it, and the current occupancy rate is over 90% on VRBO at rates from $75-$110 per night. This is completely HASSLE-FREE ownership as everything is managed by one of the other owner/partners. A high quality remodel from top to bottom features new kitchen & bathroom cabinets, new appliances, new flooring, paint and furniture throughout! Kihei Bay Surf offers a large pool with a hot tub, a tennis court & a BBQ area. This ownership share is owner share #4, but shares 1 and 3 are also available. See also MLS #376140 which is ownership share #1, and MLS #376141 which is ownership share #3. Current owner is only selling their ownership shares because they purchased a larger Maui vacation condo. Clean, remodeled, affordable, well-managed...what more could you want from your Maui vacation home?

Listing Details

Price

$59,000

Bathrooms

1 Full Bath

Year Built

1980

Property Type

Timeshare / Fractional

Listing #

376142

Status

Active

County

Maui

Listing Type

For Sale

Interior Features

Square Feet

445

Heating and Cooling

N

Exterior Features

Lot Size

2.84 acres

Pool

In-Ground, Spa/Hot Tub

Miscellaneous

MLS Area

Kihei

Courtesy of Don McEntire, McEntire Realty

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